Which of the following statements regarding the impact of external shocks on a business is (are) true?
A) Approximately 68% of businesses that fail in Canada say that some form of external shock impacted their business.
B) A proper business plan should have contingency plans in it to deal with most external shocks that may adversely affect the business.
C) Most business failures result from mismanagement, poor financial and accounting practices, and shocks in the external environment-not the shocks themselves.
D) All of the answers are correct.
E) None of the answers apply.
Correct Answer:
Verified
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